4/4/12

Obamacare Would Cost Youth Trillions and Trillions

Younger Americans are the basic group targeted for financial exploitation by Obamacare. Unlike social security where a lifetime of contributions in theory return something for many, the involuntary health insurance payments to for-profit corporations from those under 44 will return nothing upon reaching retirement age. The program is designed to transfer wealth from younger workers to the middle class that want to pay less money for health care.

In early times transferring wealth from one social class to another was regarded as the right of kings and of slave owners that reallocated the labor value of commoners inn order to concentrate wealth. Today the policy is known as Obamacare.

http://2010.census.gov/news/releases/operations/cb11-cn147.htm

The 18 to 44 age group is not increasing nearly as quickly as older groups. Middle class use of insurance that is subsidized by younger workers is likely to increase as they find contraceptives with special spices and ointments covered by insurance, and discover that each new blemish requires a dermatologist trained in vanishing those spots, or that augmented breasts and hair transplants are covered by medical insurers. Won't the Democrat elites find that guru-led hot tub chanting at special spas are necessary for the health and well-being of the whole person and mandate insurers to pay for that and more?

How much will younger workers saddled with Obamadebt pay over the rest of their lifetime? If they give up 2000 a year that would be $20,000 per decade. If the cost doubles in 20 years they would pay $40,000 per decade. Some workers might pay a half million dollars over a lifetime in order to get a hernia fixed once or twice II guess before reaching medicare age. That is one expensive surcharge to subsidize health costs for the middle class and burden the poor with paperwork invading their privacy and harassing them.

Creating free public services for those that cannot afford them otherwise is something of an F.D.R. tradition since the depression. The public isn't prevented by the constitution from expanding the V.A. system to provide free health care for the poor as well as veterans while continuing to provide medicare for the elderly. That would be a better, lawful approach for emergency medical provisioning that works realistically.

The young can use their money to invest in their future perhaps buying a per-fab home. They too if poor could use the expanded V.A. open hospital for the poor if necessary. If they can afford it they should pay out of pocket like the middle class and perhaps invent a better, cheaper form of medical care provisioning if they are really restive about the problem; preferably one that exploits the advantages of free enterprise.

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